China’s Trade-In Program Fuels $154B Surge in Consumer Spending
China’s consumer goods trade-in program drives $154B in sales, boosting domestic demand and retail growth, with over 109M home appliances sold this year.
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China Boosts Consumer Spending with Extended Trade-In Subsidies Through 2025
China extends consumer goods trade-in subsidies through 2025, allocating 300 billion yuan to boost domestic spending and green technology adoption.
China’s Trade-In Program Boosts Sales to 1.1 Trillion Yuan
China’s consumer goods trade-in initiative drives 1.1 trillion yuan in sales, boosting domestic demand and sustainable consumption, per Ministry of Commerce data.